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Am I covered if the borrower decides not to return the item?

Am I covered if the borrower decides not to return the item?

Updated over 3 weeks ago

Yes! When we say we cover lenders against non-return, we mean it.

As per our Terms of Service, borrowers are fully liable for the replacement cost of an item if they fail to return it due to:

  • Loss or damage caused by negligence, forgetfulness, or carelessness

  • Improper use or lack of necessary skills to operate the item

  • Theft

What happens if the borrower doesn’t cooperate?

If a borrower delays payment or refuses to cooperate, you may be eligible to make a claim under the Lender Guarantee.

Additionally, if the borrower accidentally loses or damages your item, Fat Llama will cover the cost, and you can file a claim.

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